American Century Focuses on Those Near or In
Retirement

November 30, 2005 (PLANSPONSOR.com) - American
Century Investments has unveiled a series of new services to
help investors near or in retirement confront the challenges
of planning, investing and managing their retirement
portfolios.

The new pre- and post-retirement offering includes
access to needs-analysis calculations, quality investment
advice and guidance, and a new service for converting
retirement investments into regular cash flow, according to
the announcement.
The services can be delivered via phone,
face-to-face or over the Internet.

The three main components of the new services,
according to the announcement, include:

Planning for Your Retirement (Needs Analysis) –
Using American Century’s Investment Planner service,
investors complete a series of proprietary integrated
calculations to take stock of their personal financial
situation and establish:
an income inventory, a retirement budget, and an
estimated withdrawal rate and payout strategies.

Investing for Your Retirement (Investment
Suggestions) – Once the investor has completed the
needs analysis, Investment Planner will help develop
an investment plan tailored to the investor’s
retirement savings and income goals, risk comfort
level and time horizon.

Retirement Income Management –
For those already in retirement, American Century has
made it easy to convert retirement investments into
regular cash flow through the Paycheck In Retirement
service.
Using this service, an investor can establish automatic
exchanges from a One Choice Portfolio to an American
Century money market fund or bank account where the
money can be used to cover monthly living expenses.
Paycheck In Retirement also allows users to select the
frequency for automatic transfers, set the transfer
amounts, and write checks from their American Century
money market account or electronically transfer funds
to a checking account as needed.

The new services are part of American Century’s On
Plan Investing approach and are available at no
additional cost.